Atlas Iron announced that it has achieved an annualised export rate of over 6Mtpa in October 2010, 2 months earlier than planned. Atlas is now preparing to grow its annualised export rate to 12Mtpa by December 2012.
Atlas Iron announced a 50% increase in Reserves for its northern Pilbara Projects. The increase takes the revised Reserve estimate for the Northern Pilbara Projects, which comprise the Pardoo, Wodgina, Abydos and Mt Webber projects, to 53.7Mt grading 57.7% iron. This Reserve figure includes the maiden reserve at Mt Webber of 19.1Mt at 57.6% iron